The foreseeability standard holds accountants liable to third parties only if the accountant was aware of the identity of the third party.

Question

Quizplus · Accepted Answer

The foreseeability standard holds accountants liable to third parties if it can be reasonably foreseen that the third party would rely on the accountant's work, regardless of whether or not the accountant knew the identity of the third party.

The Foreseeability Standard Holds Accountants Liable to Third Parties Only